What does it mean to borrow bank deposits to credit other payables and borrow other receivables to c

According to the title, if Company B owes A a payment for the goods, and A receives it, the entry of Company A should be:

Borrow: Bank deposit.

Credit: Accounts Receivable - Company B.

For this is the payment for the goods, and B owes A. Unless Company A writes the entries to other payables, in this way, I really have nothing to say. In general, the entry of the question is problematic.

Accounting entries debit: bank deposit - bank loan: other payables - company B, which means that company A receives the deposit from company B and will return it to company B later.

Regardless of the topic.

I think the title is wrong, but friend, you are right. Of course, as far as the topic is concerned, if there are other conditions, it will be a different conclusion.

You don't understand the meaning of accounts receivable and other payables, other payables are payables and provisional receivables incurred by a business outside of commodity trading operations. It refers to the amount payable or temporarily received by other units or individuals other than bills payable, accounts payable, wages payable, profits payable, etc. Accounts receivable refers to the account accounting of the amount that the enterprise should collect from the purchasing unit due to the sale of goods, materials, provision of labor services, etc., as well as the commercial acceptance bill that cannot be received due for the advance of transportation and miscellaneous expenses and acceptance.

Accounts receivable is a creditor's right formed with the occurrence of sales behavior of an enterprise. For the following two natures, you can compare the business before and after to take a look.

Company A included the amount in other payables instead of accounts receivable at the time of the transaction, so when the money was recovered, it would offset the other payables.

Look at how the summary was written when other accounts payable were recorded, whether it was transferred from another account or whether it was a special transaction at that time, if not, it was originally accounted for in the wrong account.

Are you sure it's an accounting entry from Company B, and I think it should be a bank deposit with accounts payable

Suggestion: After the above work, the calculation relationship of the salary scale is determined. In the future, you only need to modify the payroll items, and the calculation can be done by the PC.

If you don't make income, you are suspected of sitting on income and spending.

Borrowing other receivables to credit bank deposits refers to the process of accounting processing by debiting the business amount by debiting the "other receivables" account and then crediting the "bank deposit" account when the financial personnel of the enterprise incur the corresponding expenditure business.

Other receivables belong to asset accounts and are another important part of enterprise receivables. An increase in credits to other receivables represents a decrease in assets. Other receivables refer to various receivables and provisional payments other than the resale of financial assets, notes receivable, accounts receivable, prepaid accounts, dividends receivable, interest receivables, subrogation recoveries receivable, reinsurance receivables, reinsurance contract reserves receivable, long-term receivables, etc.

Other receivables mainly include:

1. All kinds of compensation and fines receivable; Resistant to burying God.

2. Rent receivable for rental packaging;

3. All kinds of advances that should be collected from employees;

4. Reserve fund (reserve fund allocated to various functional departments and workshops of the enterprise);

5. Deposit a deposit, such as a deposit paid for renting packaging;

6. Transfer of prepaid accounts;

7. Other receivables and provisional payments.

In order to reflect and supervise the increase or decrease of other accounts receivable and their balances, enterprises should set up "other accounts receivable for accounting." The debit side of the "Other Receivables" account registers the increase in other receivables, the credit side registers the recovery of other receivables, and the closing balance is generally on the debit side, reflecting other receivables that have not yet been recovered by the enterprise.

Asset accounts provide an umbrella accounting indicator, such as "fixed assets", "raw materials", "accounts receivable", "economic purposes payable", etc. Asset Accounts: According to the liquidity of assets, they are divided into accounts reflecting current assets and accounts reflecting non-current assets.

Accounting treatment of other receivables:

In the event of a boom or loss:

Debit: Other receivables;

Credit: Bank Deposits, Cash in Hand;

When repaying: borrowing: bank deposit or cash in hand;

Credit: Other receivables.

In the company's accounting process, "Borrow other receivables" will appear.

bank deposits", bank deposits decreased and other receivables increased, suggesting that funds may have been lent to others.

Debit: Other receivables; Credit, bank deposit refers to other receivables received and deposited in the bank. Usually it is a collection of loans or reciprocal payments.

For example, Company A originally borrowed 1 million yuan from Company B, but now it directly telegraphs to Company B's account, so it borrows 1 million yuan from the bank deposit and 1 million yuan from other receivables (Company A). Other receivables accounts belong to asset accounts, which are mainly used to account for enterprises except for notes receivable.

Other receivables and provisional receivables other than accounts receivable, etc.

Corporate accounts are generally divided into basic deposit accounts.

General deposit account, special deposit account.

Temporary Deposit Account. The basic deposit account is a bank settlement account that the depositor needs to open for daily transfer settlement and cash receipt and payment. A temporary deposit account is a bank settlement account opened by a depositor for temporary needs and use within a specified period.

The company includes a limited liability company and shares, and a limited liability company refers to a company in which all shareholders of the company are liable for the company's debts only to the extent of their respective capital contributions; Shares **** refers to the company's capital is divided into equal shares, and all shareholders are only liable for the company's debts to the extent of the amount of shares they hold.

Companies can be divided in different forms, such as according to the company's internal jurisdictional system; Divided according to the nationality of the company; Divided according to the company's credit criteria; It is divided according to the different forms of liability borne by shareholders; Divided according to the control and dependency of one company on another, etc.

Rubbing stove exhibition materials.

What other receivables debit and credit indicate.

Other receivables are asset-class accounts, with debit increases representing an increase in assets and credit increases representing a decrease in assets. Other receivables refer to the resale of financial assets by the enterprise in addition to **.

Notes receivable, accounts receivable, prepaid accounts.

Other receivables and provisional payments other than dividends receivable, interest receivables, subrogation recoveries receivable, reinsurance receivables, reinsurance contract reserves receivable, long-term receivables, etc.

Other accounts receivable.

Including all kinds of compensation receivable and fines, such as compensation collected from relevant insurance companies due to accidental losses caused by enterprise property, etc.; Rental of rental packaging receivable; Various advances that should be collected from employees, such as water and electricity bills advanced for employees, medical expenses that should be borne by employees; Deposit a security deposit, such as a deposit for renting packaging; Other receivables and provisional payments.

First of all, "bank deposits."

The account is an asset-class account with an increase in debits and a decrease in credits. "Accounts payable.

The account is a liability account, with a decrease in debits and an increase in credits.

When receiving money, the bank deposit increases, so it is debited. Conversely, an increase in bank deposits leads to an increase in liabilities, i.e., an increase in accounts payable.

When I collect money, the increase in accounts payable on the credit side means that the money I pay to the other party is withdrawn and transferred to the bank deposit.

First of all, the "bank deposit" account is an asset-class account, with an increase in debits and a decrease in credits. The Accounts Payable account is a liability account with a decrease in debits and an increase in credits.

When receiving money, the bank deposit increases, so it is debited. Conversely, an increase in bank deposits leads to an increase in liabilities, that is, an increase in accounts payable.

When I receive money, the increase in accounts payable on the credit side means that the money I pay to the other party is withdrawn and transferred to the bank deposit.

In the case of a loan or advance payment:

The debit side is bank deposits indicating an increase, and the credit accounts payable means an increase in the money to be repaid;

If you are collecting payment for goods:

The debit side is the bank deposit, and the credit side accounts receivable.

To put it simply: a common saying in finance is to borrow plus credit minus. Therefore, when you make an account, you receive money and add it, and the payer is a loan.